Zoetis (ZTS) Capital Expenditures (2012 - 2026)
Zoetis' Capital Expenditures came in at $117 million for Q2 2026, down 19.9% from $146 million a year earlier but up 6.4% from the prior quarter.
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Analysis
Zoetis (ZTS) Capital Expenditures (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Zoetis reported Capital Expenditures of $524 million, down 25.9% year-over-year; for FY2025, it came in at $621 million, down 5.2% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 6.5% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $655 million in FY2024 (-10.5%), $732 million in FY2023 (+24.9%), $586 million in FY2022 (+22.9%) and $477 million in FY2021 (+5.3%).
- The five-year range for quarterly Capital Expenditures is $110 million (Q1 2026) to $223 million (Q1 2023).
- Year-over-year, Capital Expenditures has declined for four consecutive quarters, with an average decline of 5.0% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q1 2023 (growth of 93.9%), and the weakest in Q1 2026 (a decline of 38.2%).
- Business Quant data shows ZTS's Capital Expenditures at $110 million (Q1 2026), $161 million (Q4 2025) and $136 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 1.32 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | 322.00 Mn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | 893.00 Mn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -321.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -763.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 513.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 140.00 Mn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | 533.00 Mn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | 112.20 Mn |
| 10 | Zoetis | 28.92 Bn | 20.77 Bn | 1.05 Bn | 117.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 117.00 Mn |
| Mar 31, 2026 | 110.00 Mn |
| Dec 31, 2025 | 161.00 Mn |
| Sep 30, 2025 | 136.00 Mn |
| Jun 30, 2025 | 146.00 Mn |
| Mar 31, 2025 | 178.00 Mn |
| Dec 31, 2024 | 216.00 Mn |
| Sep 30, 2024 | 167.00 Mn |
| Jun 30, 2024 | 132.00 Mn |
| Mar 31, 2024 | 140.00 Mn |
| Dec 31, 2023 | 198.00 Mn |
| Sep 30, 2023 | 145.00 Mn |
| Jun 30, 2023 | 166.00 Mn |
| Mar 31, 2023 | 223.00 Mn |
| Dec 31, 2022 | 171.00 Mn |
| Sep 30, 2022 | 154.00 Mn |
| Jun 30, 2022 | 146.00 Mn |
| Mar 31, 2022 | 115.00 Mn |
| Dec 31, 2021 | 168.00 Mn |
| Sep 30, 2021 | 119.00 Mn |
API Access
Zoetis Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ZTS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ZTS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ZTS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();